Post
Topic
Board Bitcoin Discussion
Re: Does bitcoin pose a threat to banks?
by
BlockFolksHQ
on 08/05/2018, 07:56:26 UTC
Bitcoin is actually to replace bank in the first place. In the international transaction, bank will be the middle man and charge a very expensive service charge to both party and it also hard to trace whether the other party receive already or not. But in bitcoin transaction is just between both buyer and seller and is easily trace with less transaction fees.